Dogecoin News Today: "CleanCore Rides Dogecoin Wave, Betting Big on Digital Treasury Future"

CleanCore Solutions (NYSE American: ZONE) has sparked a significant market reaction following its acquisition of 285,420 Dogecoin (DOGE) for a total investment of approximately $68 million. The purchase, part of a broader strategy to establish the company as the official Dogecoin treasury under the Dogecoin Foundation and its commercial arm, House of Doge, has caused ZONE shares to surge 38% in after-hours trading on September 8, 2025. This move follows a $175 million capital raise secured through a private placement, with participation from prominent investors such as MOZAYYX, Pantera, GSR, FalconX, and Borderless [1].

The transaction, which closed on September 5, 2025, was structured as a private investment in public equity (PIPE) and funded through a combination of cash and cryptocurrencies. Proceeds will be used to expand the DOGE treasury, with CleanCore aiming to accumulate up to 1 billion DOGE tokens within 30 days and eventually hold 5% of the total DOGE supply. This strategy is intended to position the company’s balance sheet as a dynamic asset rather than a static reserve, leveraging the liquidity, scalability, and cultural relevance of Dogecoin to align with broader market trends [2].

The strategic shift has been led by Marco Margiotta, Chief Executive Officer of House of Doge, who has joined CleanCore as Chief Investment Officer. Margiotta emphasized the significance of the initiative, stating that the official Dogecoin treasury would set a precedent for how public companies can align with foundations to build real-world utility around digital currencies. The partnership also includes support from 21Shares, which will assist in developing governance and yield strategies for the DOGE holdings [3].

CleanCore’s decision to prioritize Dogecoin as its primary treasury reserve asset is part of a larger trend among publicly traded firms seeking to integrate digital assets into their financial strategies. In early 2025, several companies, including Spirit Blockchain Capital and Dogecoin Cash Inc., also announced DOGE treasury plans. However, many of these ventures have seen mixed results, with shares of such companies declining significantly despite their strategic overhauls [5].

The broader market has responded positively to the move. Dogecoin’s price has risen by approximately 7% in the past 24 hours, trading at $0.2076 at the time of reporting. The cryptocurrency, now the seventh-largest by market capitalization, has been supported by growing institutional interest and a potential ETF launch in the U.S., as speculated by Bloomberg analysts. The move by CleanCore could further accelerate the adoption of Dogecoin as a legitimate financial asset within traditional markets [2].

Analysts suggest that CleanCore’s initiative reflects a broader shift in corporate finance, where digital assets are increasingly viewed as viable alternatives to fiat-based treasuries. By aligning its balance sheet with the utility and adoption curve of Dogecoin, CleanCore is not only diversifying its reserve asset portfolio but also positioning itself as an early adopter in a sector expected to see significant institutional participation in the near future [4].

Source:

[1] CleanCore Solutions Jumps 38% After $68M Dogecoin Purchase (https://www.coindesk.com/markets/2025/09/08/cleancore-solutions-jumps-38-after-usd68m-dogecoin-purchase)

[2] CleanCore Solutions (NYSE: ZONE) Announces ... (https://www.globenewswire.com/news-release/2025/09/02/3142693/0/en/CleanCore-Solutions-NYSE-ZONE-Announces-175-000-420-Private-Placement-to-Build-the-Official-Dogecoin-Treasury-Founded-by-the-Dogecoin-Foundation-and-the-House-of-Doge-Inc.html)

[3] CleanCore Solutions Announces Closing of ... - Markets Insider (https://markets.businessinsider.com/news/stocks/cleancore-solutions-announces-closing-of-175-000-420-private-placement-1035119064)

[4] CleanCore's Billion-DOGE Treasury Plan Wins Major ... (https://finance.yahoo.com/news/cleancores-billion-doge-treasury-plan-213000649.html)

[5] CleanCore Plunges 60% After Unveiling $175M Dogecoin ... (https://cointelegraph.com/news/cleancore-plunges-dogecoin-treasury-strategy)